1060 Capital LLC Buys Shares of 50,770 The RealReal, Inc. $REAL

Key Points

• 1060 Capital LLC acquired a new stake in The RealReal, Inc., purchasing 50,770 shares valued at approximately $274,000, making it the firm's 11th largest holding.
• Other institutional investors also increased their stakes in The RealReal, with notable increases from Kestra Private Wealth Services LLC and Jump Financial LLC, highlighting strong interest from hedge funds.
• Wall Street analysts have a consensus rating of "Buy" for The RealReal and have raised target prices, with a consensus price target of $11.13, indicating potential growth for the stock.

1060 Capital LLC purchased a new position in The RealReal, Inc. (NASDAQ:REAL - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 50,770 shares of the company's stock, valued at approximately $274,000. RealReal accounts for approximately 0.6% of 1060 Capital LLC's holdings, making the stock its 11th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Voloridge Investment Management LLC acquired a new stake in shares of RealReal during the 4th quarter worth approximately $17,138,000. Landscape Capital Management L.L.C. acquired a new stake in RealReal in the 1st quarter valued at $4,958,000. Driehaus Capital Management LLC lifted its holdings in RealReal by 90.8% in the 1st quarter. Driehaus Capital Management LLC now owns 1,810,651 shares of the company's stock valued at $9,759,000 after purchasing an additional 861,902 shares in the last quarter. AQR Capital Management LLC lifted its holdings in RealReal by 589.2% in the 1st quarter. AQR Capital Management LLC now owns 887,997 shares of the company's stock valued at $4,786,000 after purchasing an additional 759,160 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in RealReal in the 1st quarter valued at $3,659,000. Institutional investors and hedge funds own 64.73% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on REAL shares. UBS Group raised their price objective on RealReal from $7.00 to $8.00 and gave the company a "neutral" rating in a report on Friday, August 8th. B. Riley restated a "buy" rating and issued a $9.00 price objective (up previously from $8.00) on shares of RealReal in a report on Friday, August 8th. Finally, BTIG Research raised their price objective on RealReal from $9.00 to $11.00 and gave the company a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, RealReal currently has a consensus rating of "Buy" and a consensus price target of $11.10.

RealReal Price Performance

Shares of NASDAQ:REAL traded up $0.04 during midday trading on Friday, reaching $9.44. 4,292,828 shares of the company's stock were exchanged, compared to its average volume of 3,731,898. The firm's 50 day simple moving average is $6.81 and its two-hundred day simple moving average is $6.00. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -8.91 and a beta of 2.50. The RealReal, Inc. has a fifty-two week low of $2.50 and a fifty-two week high of $11.38.

RealReal (NASDAQ:REAL - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The business had revenue of $165.19 million for the quarter, compared to analyst estimates of $159.17 million. RealReal has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that The RealReal, Inc. will post -0.4 earnings per share for the current fiscal year.

Insider Activity

In other RealReal news, CEO Levesque Rati Sahi sold 260,171 shares of RealReal stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $7.94, for a total value of $2,065,757.74. Following the completion of the transaction, the chief executive officer directly owned 1,803,044 shares of the company's stock, valued at $14,316,169.36. The trade was a 12.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 9.00% of the company's stock.

RealReal Company Profile

The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores. The company was incorporated in 2011 and is headquartered in San Francisco, California.